Silver Bullet Mines Corp. Provides Technical Data on Recent Acquisitions in Arizona

About this update from Silver Bullet Mines Corp

Burlington, Ontario--(Newsfile Corp. - February 26, 2026) - Silver Bullet Mines Corp. (TSXV: SBMI) (OTCQB: SBMCF) ("SBMI" or "the Company") is pleased to provide historical technical information related to its two recent acquisitions, the Columbia Mine and the Gold Queen Mine. These past producing mines are contiguous to each other located in Gila County, Arizona, roughly 30 miles from the Company's mill in Globe, Arizona. The Company has repeatedly spoken of its hub and spoke business model, commencing in 2020. This model envisions the hub being the Company's wholly-owned mill and the spokes of the wheel being whatever proximate mines it may own or from which mineralized material is provided to the mill to be processed. This has been a successful model for SBMI. The proximity of the Columbia Mine and the Gold Queen Mine to the mill supports the Company's hub and spoke thesis. The Columbia Mine and the Gold Queen Mine were until recently owned by Phelps Dodge Corporation (now a subsidiary of Freeport-McMoRan Inc. as a result of a USD$25.9 billion acquisition in 2007). They have historically produced mainly copper with secondary production of gold, silver, zinc and lead. They are in the Dripping Springs District of Arizona, a district with well-documented mining production. SBMI has not been able to locate any data related to these mines disseminated in accordance with NI 43-101. All data either predates NI 43-101, was created by entities not subject to NI 43-101, or was anecdotal from trusted sources. SBMI has not found any historical resource estimates in any category for these mines, and cannot state whether the work supporting the data was carried out under the supervision of, or approved by, a Qualified Person, or what QAQC measures were followed. SBMI does rely upon such data to inform its investment thesis and to provide guidance for possible future exploration and development. Readers should treat all data referred to herein with caution. Background data from independent third parties, including the United States Geological Survey, with references can be found at: SBMI has in its possession a PowerPoint presentation created in 2018 (the "Presentation") by a prior private corporate owner of the Gold Queen and Columbia Mines. Two of the Company's current contractors were part of the team working those ass...

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